Report Blames Lack of Oversight for Soaring Natural Gas Prices; Supply and Demand Is Not a Factor, Officials Say
Telegraph - Herald (Dubuque) › March 08, 2006
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Summary
WASHINGTON (AP) - Too little oversight of financial markets - not supply and demand problems - are to blame for skyrocketing natural gas prices, top law enforcement officials in four Midwestern states said Tuesday.
Comparing natural gas trading to "the wild, wild West," the attorneys general from Illinois, Iowa, Missouri and Wisconsin urged Congress to increase regulation of markets they say are vulnerable to abuse and manipulation.See the full content of this document
Extract
Report Blames Lack of Oversight for Soaring Natural Gas Prices; Supply and Demand Is Not a Factor, Officials Say
The officials - all Democrats - issued a six-month study of natural g...
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